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What is the concept of the globalization? What do we mean by the physical and non-physical/human globalization? What are the forces affecting the globalization? Read the article to find out.
The First Era of Globalization was a period characterized by rapid growth in international trade and investment between the European powers, their colonies, and, the United States. It was in this period that areas of sub-saharan Africa and the Island Pacific were incorporated into the world system.